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COMMERZBANK AG
Europe’s banks embrace AI — and confront the price of dependence on US techThe finance industry is rapidly adopting AI, but soaring costs for computing power and AI assistants like Claude are creating financial str...- Uber said to study full takeover of European rival Delivery HeroThe ride-hailing giant this week disclosed it had boosted its stake in Frankfurt-listed Delivery Hero. It’s working with advisers to study ...
- Commerzbank wins crypto custody licence in digital assets pushThe license will allow the bank to “build up a broad range of digital asset services, with particular emphasis on crypto assets,” the Frank...
- Exchange operators, US debt ceiling jitters weigh on European sharesEuropean shares slipped on Wednesday as investors remained concerned about whether the outcome of the U.S. debt ceiling negotiations would ...
- European shares flat as inflation woes offset earnings cheer, China recovery hopesData showed British consumer price inflation hit 9.0% in April, its highest level on record, inching closer to Bank of England's (BoE) fore...
- The pandemic’s long-term pain is just becoming clear to marketsAn indisputable takeaway from the crisis is a massive expansion in global debt.
- Deutsche Bank ends merger talks with CommerzbankFor Commerzbank, still 15%-owned by the federal government, a foreign takeover may be in the cards down the road.
- Sugar price should come down in Q4: Michaela Kuhl, Commerzbank AGIncreases in Brazil and Indian sugar cane production to boost supplies over the next year
- Gold set to rebound from five-year low after Paris attacksGold futures closed at $1,080.90 an ounce last week, the lowest close since February 2010.
- KKR-backed venture acquires Commerzbank ships for $254.5 millionKKR & Co LP's Embarcadero Maritime unit will pay $254.5 million to buy 18 dry bulk and container ships from Hanseatic Ship Asset Management...
- Suzlon signs Euro 850 mn loan pact with consortium of banks"Suzlon Group's German subsidiary Senvion SE signed an agreement for a loan of Euro 850 million with consortium of banks for a 3 year perio...
- RIL raises $2 billion for petrochemical plant expansionReliance Industries today said it has raised $2 billion loan from German banks to finance its petrochemical plant expansion.
- BMW to supply diesel engines to ToyotaBayerische Motoren Werke AG, the world's largest maker of luxury vehicles, will supply Toyota Motor Corp. with diesel engines.
- Commerzbank posts $2.6 billion Q4 lossGermany's Commerzbank AG said its fourth-quarter loss widened to euro1.9 billion ($2.6 billion) due to write-downs related to bond insurer ...
- GM starts search for Opel investorGeneral Motors Corp, the biggest US automaker, hired Commerzbank AG to find an investor for its Opel unit in Europe.
- Allianz posts 2 billion loss in Q3Insurer Allianz SE reported a 2 billion euro loss on Friday after it said that the value of its investments declined and it wrote off the v...
- Commerzbank set to relinquish Dresdner Bank licence in IndiaGermany’s Commerzbank, which pulled out from India several years ago, appears set to relinquish yet another banking licence in India.
- Commerzbank's buyout of Dresdner to cost 9,000 jobsCommerzbank and Dresdner have a combined workforce of nearly 67,000 employees and out of the expected job cuts, about 2,500 would be outsid...
- Allianz in 'advanced' talks on Dresdner BankThe supervisory boards of insurer Allianz SE and Commerzbank AG were meeting separately on Sunday amid mounting speculation about the fate ...
- Commerzbank 2Q net profit up 6.4 pcCommerzbank AG said its second-quarter net profit rose by 6.4 per cent thanks to a tax gain, but made clear it is still feeling the impact ...
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